Wabash National Corp（WNC）のニュースとイベントWNCWabash National Corp

Wabash Updates on U.S. Trade Actions Affecting North American Trailer Market

Wabash provided an update on U.S. trade actions affecting the North American trailer market. The update covers the antidumping and countervailing duty investigations of van-type trailers and subassemblies from China, Canada, and Mexico, and the Section 232 steel and aluminum tariffs that apply to imported trailers. On September 25, the U.S. International Trade Commission found that imports of van-type trailers and subassemblies from China materially injure the U.S. industry. The vote followed the U.S. Department of Commerce's August 26 final findings of dumping and subsidies, and Commerce will now issue duty orders. Trailers assembled in Canada from Chinese subassemblies are treated as Chinese products and are subject to the China duties. Commerce has issued preliminary affirmative antidumping determinations for Canada and Mexico and a preliminary affirmative countervailing duty determination for Mexico. Importers are now posting cash deposits at those rates. Final Commerce determinations are expected on or around December 17, 2026, followed by final ITC votes in early 2027. Because the petitions against all three countries were filed together, the ITC evaluates their imports on a combined basis, and Wabash expects the Canada and Mexico determinations to be affirmative as well. Imported trailers are also subject to Section 232 tariffs on steel and aluminum. Trailers are covered as derivative products of steel and aluminum. Since April 6, 2026, the 25 percent Section 232 tariff has applied to the full declared value of an imported trailer rather than only to the value of its steel and aluminum content. Section 232 tariffs are separate from antidumping and countervailing duties, and they stack on top of those duties. Antidumping duties, countervailing duties, and Section 232 tariffs are each calculated as a percentage of the declared customs value of the imported trailer, which is approximately $35,000 for a typical van trailer. "The final decision on China confirms what American trailer manufacturers and their employees have seen for years: unfairly traded imports took market share and pushed prices down," said Brent Yeagy, president and CEO of Wabash. "Hyundai and Vanguard together represent approximately 40 percent of U.S. dry van industry capacity, so these duties and tariffs reach a substantial share of the market. We are encouraged by the preliminary findings on Canada and Mexico and will keep working with the Department of Commerce and the ITC through the final phase. Our focus has not changed. We are investing in American manufacturing, serving our customers, and competing on a level playing field."

Q2 Revenue at $417.2M, Down from Last Year

Reports Q2 revenue $417.2M vs. $458.82M last year. "The Q2 continued to strengthen our conviction that the freight market recovery is taking shape. We are seeing a healthier combination of supply-side forces, safety-focused federal led enforcement and improving carrier economics. Those factors are beginning to translate into better market fundamentals" explained Brent Yeagy, President and CEO. "This matters because carrier profitability is what ultimately frees up capital to support increased replacement demand expenditure."

Sees Q3 Revenue of $440M to $460M

Sees Q3 revenue $440M-$460M.